The performance of Bitcoin during the Christmas/New Year holidays over the past five years. From December 20 to January 6, Bitcoin has shown significant volatility, but the actual price fluctuations, except for the particularly severe year of 2020, remained within 10% in other years.

In 80% of the years, the price performance of Bitcoin in the following two months has been quite good. If the buying opportunity is narrowed down to one week after New Year's Day, the possibility of profit is still around 60%.

Observing the performance of the Nasdaq index over the past five years, there has been substantial fluctuation during the Christmas period; however, the overall price change is not significant. Therefore, it can be inferred that: the end of the holidays will not have a large negative impact on Bitcoin from the U.S. stock market.

In summary, although this bull market has been greatly influenced by the inflow and outflow of BTC ETFs, the Nasdaq index did not show a significant decline during or after the Christmas period, resulting in a minor impact on cryptocurrencies. The price performance of Bitcoin itself is contrary to the speculation of a 'Christmas crash'.